|
Ticker |
Listing
Exchange |
JPMorgan
ActiveBuilders Emerging Markets Equity ETF |
JEMA |
Cboe BZX
Exchange, Inc. |
JPMorgan
ActiveBuilders International Equity ETF |
JIDA |
NYSE
Arca |
JPMorgan
International Growth ETF |
JIG |
NYSE
Arca |
| |
Management
Fees |
|
Total
Annual Fund Operating Expenses |
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
|
|
|
|
|
|
|
|
|
|
|
| ||
|
Past |
Life
of Fund
since |
|
1
Year |
|
SHARES |
|
|
Return
Before Taxes |
- |
- |
Return
After Taxes on Distributions |
- |
- |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
- |
- |
MSCI
EMERGING MARKETS INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees, Expenses, or
Taxes,
Except Foreign Withholding Taxes) |
- |
- |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Anuj
Arora |
2021 |
Managing
Director |
Joyce
Weng |
2021 |
Executive
Director |
Harold
Yu |
2022 |
Executive
Director |
| |
Management
Fees |
|
Total
Annual Fund Operating Expenses |
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
|
|
|
|
|
|
|
|
|
|
|
| ||
|
Past |
Life
of Fund
since |
|
1
Year |
|
SHARES |
|
|
Return
Before Taxes |
- |
- |
Return
After Taxes on Distributions |
- |
- |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
- |
- |
MSCI
EAFE INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees, Expenses, or
Taxes,
Except Foreign Withholding Taxes) |
- |
- |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Nicholas
Horne |
2021 |
Managing
Director |
Philippa
Clough |
2021 |
Executive
Director |
Richard
Morillot |
2021 |
Executive
Director |
| |
Management
Fees |
|
Total
Annual Fund Operating Expenses |
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
SHARES
($) |
|
|
|
|
|
|
|
|
|
|
|
| ||
|
Past |
Life
of Fund
since |
|
1
Year |
|
SHARES |
|
|
Return
Before Taxes |
- |
|
Return
After Taxes on Distributions |
- |
|
Return
After Taxes on Distributions and Sale
of
Fund Shares |
- |
|
MSCI
ACWI EX USA GROWTH INDEX
(Net
Total Return)
(Reflects
No Deduction for Fees, Expenses, or
Taxes,
Except Foreign Withholding Taxes) |
- |
|
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Shane
Duffy |
2020 |
Managing
Director |
Thomas
Murray |
2020 |
Managing
Director |
NON-FUNDAMENTAL
INVESTMENT OBJECTIVES |
An
investment objective is fundamental if it cannot be changed without the
consent of a majority of the outstanding Shares of each
Fund.
Each Fund’s investment objective is not fundamental and may be changed
without the consent of a majority of the outstanding
Shares
of the Fund. |
|
ActiveBuilders
Emerging
Markets
Equity
ETF |
ActiveBuilders
International
Equity
ETF |
International
Growth
ETF |
Asia
Pacific Market Risk |
• |
|
|
Authorized
Participant Concentration Risk |
• |
• |
• |
Cash
Transactions Risk |
• |
|
|
China
Stock Connect Programs Risk |
○ |
○ |
○ |
Consumer
Discretionary Sector Risk |
|
• |
|
Convertible
Securities Risk |
○ |
○ |
|
Currency
Risk |
• |
• |
• |
Cyber
Security Risk |
○ |
○ |
○ |
Depositary
Receipts Risk |
• |
• |
|
Derivatives
Risk |
• |
• |
• |
Developed
Asia Pacific (ex-Japan) Market Risk |
|
○ |
○ |
Equity
Market Risk |
• |
• |
• |
European
Market Risk |
|
• |
○ |
Exchange-Traded
Fund (ETF) and Other Investment Company
Risk |
• |
○ |
|
Financials
Sector Risk |
|
• |
|
Foreign
Securities and Emerging Markets Risk |
• |
• |
• |
General
Market Risk |
• |
• |
• |
Geographic
Focus Risk |
• |
• |
• |
Greater
China Region Risk |
• |
○ |
○ |
Growth
Investing Risk |
|
|
• |
|
ActiveBuilders
Emerging
Markets
Equity
ETF |
ActiveBuilders
International
Equity
ETF |
International
Growth
ETF |
India
Risk |
• |
|
|
Industrials
Sector Risk |
|
• |
|
Industry
and Sector Focus Risk |
• |
• |
• |
Large
Cap Company Risk |
|
• |
|
Market
Trading Risk |
• |
• |
• |
Middle
East and Africa Risk |
○ |
|
|
New
Fund Risk |
○ |
○ |
○ |
Preferred
Stock Risk |
|
|
• |
Regulatory
and Legal Risk |
○ |
○ |
○ |
Risk
of Investing in Japan |
|
• |
○ |
Securities
Lending Risk |
○ |
○ |
○ |
Smaller
Company Risk |
• |
• |
• |
Transactions
and Liquidity Risk |
○ |
○ |
○ |
Variable
Interest Entities Risk |
• |
○ |
○ |
Volcker
Rule Risk |
○ |
○ |
○ |
WHAT
IS A DERIVATIVE? |
Derivatives
are securities or contracts (for example, futures and options) that derive
their value from the performance of underlying
assets
or securities. |
WHAT
IS A CASH EQUIVALENT? |
Cash
equivalents are highly liquid, high-quality instruments with maturities of
three months or less on the date they are purchased.
They
include securities issued by the U.S. government, its agencies and
instrumentalities, repurchase agreements, certificates of
deposit,
bankers’ acceptances, commercial paper, variable rate master demand notes,
money market mutual funds, and bank
deposit
accounts. |
JPMorgan
ActiveBuilders Emerging Markets Equity ETF |
0.33% |
JPMorgan
ActiveBuilders International Equity ETF |
0.25 |
JPMorgan
International Growth ETF |
0.55 |
|
Per
share operating performance
| ||||||
|
|
Investment
operations |
Distributions
| ||||
|
Net
asset
value,
beginning
of
period
|
Net
investment
income
(loss)
(b) |
Net
realized
and
unrealized
gains
(losses)
on
investments
|
Total
from
investment
operations
|
Net
investment
income
|
Net
realized
gain
|
Total
distributions
|
JPMorgan
ActiveBuilders Emerging Markets Equity ETF |
|
|
|
|
|
|
|
Year
Ended October 31, 2022
|
$47.92 |
$1.14 |
$(17.27) |
$(16.13) |
$(0.63) |
$(0.09) |
$(0.72) |
March
10, 2021 (h) through October 31, 2021
|
48.00 |
0.66 |
(0.74) |
(0.08) |
— |
— |
— |
JPMorgan
ActiveBuilders International Equity ETF |
|
|
|
|
|
|
|
Year
Ended October 31, 2022
|
49.03 |
1.19 |
(12.31) |
(11.12) |
(0.53) |
— |
(0.53) |
July
7, 2021 (h) through October 31, 2021
|
48.00 |
0.35 |
0.68 |
1.03 |
— |
— |
— |
JPMorgan
International Growth ETF |
|
|
|
|
|
|
|
Year
Ended October 31, 2022
|
79.09 |
0.44 |
(30.69) |
(30.25) |
(0.49) |
(0.54) |
(1.03) |
Year
Ended October 31, 2021
|
62.98 |
0.19 |
15.95 |
16.14 |
(0.03) |
— |
(0.03) |
May
20, 2020 (h) through October 31, 2020
|
51.83 |
0.05 |
11.10 |
11.15 |
— |
— |
— |
| |
(a) |
Annualized
for periods less than one year, unless otherwise
noted. |
(b) |
Calculated
based upon average shares outstanding. |
(c) |
Not
annualized for periods less than one year. |
(d) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset values for
financial
reporting
purposes and the returns based upon those net asset values may differ from
the net asset values and returns for shareholder
transactions. |
(e) |
Prior
to December 9, 2019, market price return was calculated assuming an
initial investment made at the market price at the beginning of the
reporting period,
reinvestment
of all dividends and distributions at market price during the period, and
sale at the market price on the last day of the period. The price used to
calculate
the market price return was the midpoint of the bid/ask spread at the
close of business on the listing exchange of the fund. Effective December
9, 2019,
the
closing price was used to calculate the market price return; however, any
prices used in the calculation for market price return prior to December
9, 2019,
would
have used the midpoint of the bid/ask spread at the close of business on
the exchange. |
(f) |
Since
the Shares of the Fund did not trade in the secondary market until the day
after the Fund’s inception, for the period from the inception to the first
day of
secondary
market trading, the net asset value is used as a proxy for the secondary
market trading price to calculate the market
returns. |
(g) |
Does
not include expenses of unaffiliated Underlying
Funds. |
(h) |
Commencements
of operations. |
|
Ratios/Supplemental
data
| |||||||
|
|
|
|
|
Ratios
to average net assets (a) |
| ||
Net
asset
value,
end of
period
|
Market
price,
end of
period
|
Total
return
(c)(d) |
Market
price
total
return
(c)(e) |
Net
assets,
end of
period
|
Net
expenses |
Net
investment
income
(loss)
|
Expenses
without
waivers
and
reimbursements |
Portfolio
turnover
rate
(c) |
|
|
|
|
|
|
|
|
|
$31.07 |
$31.15 |
(34.15)% |
(34.32)% |
$907,154,126 |
0.33% |
3.05% |
0.33% |
28% |
47.92 |
48.17 |
(0.17) |
0.35(f) |
325,863,960 |
0.30(g) |
2.11 |
0.33(g) |
40 |
|
|
|
|
|
|
|
|
|
37.38 |
37.36 |
(22.91) |
(23.23) |
22,426,876 |
0.25 |
2.77 |
0.25 |
28 |
49.03 |
49.21 |
2.15 |
2.52(f) |
29,419,956 |
0.25 |
2.23 |
0.25 |
9 |
|
|
|
|
|
|
|
|
|
47.81 |
47.80 |
(38.72) |
(38.97) |
54,982,105 |
0.55 |
0.75 |
0.55 |
32 |
79.09 |
79.40 |
25.63 |
25.85 |
61,291,950 |
0.55 |
0.25 |
0.55 |
37 |
62.98 |
63.12 |
21.51 |
21.78(f) |
37,787,658 |
0.55 |
0.16 |
0.55 |
12 |